We have this pair on the watch list since Monday when the price was closing in on the fib. pivot, the pivot is aligned with our AOI, so we entered a short position. Stops are relatively tight but we are not willing to risk much more, because if the price comes to or exeedes the 100 fib there might be a prolonged battle between bulls and bears. So we rather lose a little wait out the battle and then re enter when the price starts to show how is the winner. but for now we are near or entry point and should the bears push a bit more we are in the green.